Traders Save
No wounded bulls here, we’ve got one theme only: traders save. Confirmation based fees mean big savings on a day’s trading and there are more structures designed to reduce your costs.
We reckon no-one does it quite like us. Any more cost effective and we’d be a charity.
| Online Trading | |
| Equity Trades | |
| Total Trade Size | Brokerage (inc GST) |
| Up to $200,000 | Flat rate of $33 |
| $200,001 to $1 million | $33 plus 0.0275% above $200,000 |
| Greater than $1 million | $253.00 plus 0.055% above $1M |
| Exchange Traded Options | |
| Per contract | $2.42 + ASX/ACH fees / Minimum $26.40 |
| Option exercise charged at online equity trade brokerage + ASX/ACH fees | |
| Trading tools | |
| Web Iress | $66.00 per month / Frequent Trader FREE |
| Live data | $0.0253 per min / $41.25 max per month / Frequent Trader FREE |
| Bourse Web Trader | FREE |
| Bourse Trade fee | $11.00 per month / Frequent Trader FREE |
| Live data and content fee | Pay per view / $0.011 per credit |
| Phone Broking | |
| Equity Trades | |
| Total Trade Size | Brokerage (inc GST) |
| $0 - $2999.99 | $38.50 |
| $3000.00 - $29,999.99 | $55.00 |
| $30,000 - $79,999 | $79.20 |
| $80,000 + | 0.11% |
| Exchange Traded Options | |
| Per trade | $44.00 + ASX/ACH fees or 0.11% + ASX/ACH fees |
| Option exercise charged at online equity trade brokerage + ASX/ACH fees | |
| Trading Tools | |
| Bourse Web Trader | FREE |
| Bourse Trade fee | $11.00 per month / Frequent Trader FREE |
| Live data and content fee | Pay per view / $0.011 per credit |
Fees in detail
All you need to know about Trader Dealer's fee structuring can be found here, but just to whet your appetite...
- Shares: flat fee of $33 for trades up to $200,000.
- ETOs: $2.42 per contract, minimum $26.40.
- No additional fees for automatic Stop Loss orders.
- Software and Data fees depending on platform selected.
Splitting Orders
Get maximum flexibility and better prices by splitting orders and save fees. Multiple trades in one security are treated as one trade (within certain limits).
Frequent Traders
It’s pretty simple - the more your trade, the more you save, with concessions on Software and Data fees for WebIress.
